Gold – Scope for technical recovery
Gold’s recovery from the support zone of $1300-1310 in Asia following a five-day losing streak suggests the bearish momentum may have run out of steam and a break above $1313 could yield a test of $1320 levels.
On the lower side, break below $1300 could yield a quick fire drop to $1284 (rising trend line support).
On a larger scheme of things, we need to see at least two consecutive daily close below rising trend line would suggest bullish invalidation.
On the lower side, break below $1300 could yield a quick fire drop to $1284 (rising trend line support).
On a larger scheme of things, we need to see at least two consecutive daily close below rising trend line would suggest bullish invalidation.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。